4.5billion dollars theft: Court remands Emefiele in EFCC custody

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Justice Rahman Oshodi of the Special Offences Court in Ikeja has remanded the embattled former Central Bank of Nigeria, CBN Governor Godwin Emefiele to the custody of the Economic and Financial Crimes Commission, EFCC on Monday.

This was after he was docked and pleaded not guilty to $4.5billion and N2.8 billion naira.

The defendant was arraigned on an amended information of a 23-count charge by the EFCC, on alledged offences bordering on abuse of office, accepting gratification, accepting gifts through agents, corruption, and fraudulent property receipt.

The defendant’s lawyer, A. Labo-Lawal, however, pleaded with the court to grant Emefiele bail in self-recognisance and allow him to continue with the bail earlier granted him by the Abuja court.

He also urged the court to grant the second defendant bail earlier granted him by Justice O – Sule-Hamzat.

The prosecution counsel, Rotimi Oyedepo (SAN), did not oppose the bail applications.

But Justice Oshodi, after listening to the submissions of both counsel, remanded Emefiele to EFCC custody and the second defendant to the Ikoyi Correctional Centre and adjourned the case till April 11, for ruling on the bail and commencement of trial.

Also, remanded to the Ikoyi Correctional facility was his co-defendant, Henry Omoile after he also pleaded not guilty specifically to count 5 to 7.

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